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GAS COGENERATION POWER
OPERATING DATA GAS COMBUSTION TURBINE
1,287.5 (GWh)ELECTRICITY PRODUCTION*
501D5TURBINE
156 NET MEGAWATTS (MW)INSTALLED CAPACITY
POWER PURCHASE AGREEMENT WITH
ONTARIO ELECTRICITY FINANCIAL CORPORATION (OEFC)
UNTIL 2014
ENERGY SAVINGS AGREEMENT (ESA)WITH CANADA STARCH OPERATINGCOMPANY (CASCO) TO SELL STEAM
AND COMPRESSED AIR UNTIL 2015
KEY AGREEMENTS COMMERCIAL OPERATIONS
ABOUT CARDINAL POWER
Cardinal Power (Cardinal), a combined cycle gas cogeneration plant, is one of Ontario’s largest cogeneration facilities. Cardinal simultaneously produces electricity and thermal energy from natural gas, which results in a highly e�cient use of energy. Cardinal has been the 501D5 turbine’s world �eet leader in availability every year since the start of commercial operations, with a 14-year average availability of 99.2%. This is approximately 2.0% higher than the availability attained by the other 501D5 turbines that report this data. There are about 100 of these turbines operating today. The Cardinal facility is located in the Township of Edwardsburgh/Cardinal, Ontario, which is eastof Brockville along the St. Lawrence River.
MANUFACTURED BY WESTINGHOUSE
5-YEAR AVAILABILITY
YEAR
%
100
95
90
85
80
75
70
95.6% 97.9% 97.6% 95.0%
2009 2010 2011
98.2%
20132012
3,600 (RPM)SPEED
18EMPLOYEES
129,000EQUIVALENT NUMBER
OF HOUSEHOLDS
WEIGHT OF ENGINE150 TONNES
*In the year ended December 2013.
NOVEMBER 1994START OF COMMERCIAL OPERATIONS
GAS PURCHASE AGREEMENT WITH HUSKY ENERGY MARKETING INC. UNTIL 2015
ABOUT CAPSTONE INFRASTRUCTURE CORPORATION
Our mission is to provide investors with an attractive total return from responsibly managed long-term investments in core infrastructure in Canada and internationally. Capstone’s portfolio comprises investments in Canada’s power infrastructure, including gas cogeneration, wind, hydro, biomass and solar power generating facilities, representing approximately net 439 megawatts of installed capacity, and contracted wind power development projects totaling net 79 megawatts of capacity. Capstone also invests in utilities, including a 33.3% interest in a district heating business in Sweden, and a 50% interest in a regulated water utility in the United Kingdom. Please visit www.capstoneinfrastructure.com for more information.
CONTACT US
Sarah Borg-Olivier Senior Vice President, CommunicationsCapstone Infrastructure Corporation
www.capstoneinfrastructure.com
This fact sheet contains statements about future events and �nancial operating results of Capstone Infrastructure Corporation that are forward-looking. By their nature, forward-looking statements require CSE to make assumptions and predictions about future events and are subject to inherent risks and uncertainties that could cause actual results to di�er materially from the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Accordingly, this fact sheet is subject to the disclaimer and quali�ed by the assumptions and risk factors referred to in CSE’s 2013 Annual Information Form dated March 31, 2014 and in subsequently �led quarterly reports.
KEY CONTRACTS
GAS PURCHASE CONTRACTCardinal’s natural gas costs and the seasonal nature of the Canadian natural gas market are managed through a long-term gas purchase contract with Husky Energy Marketing Inc. that expires in 2015. The purchase contract also includes a gas mitigation clause under which Cardinal has the option to sell excess natural gas not used in its operations.
POWER PURCHASE AGREEMENTCardinal sells the electricity it generates to the OEFC, which is obligated to pay Cardinal monthly. The rate paid by the OEFC escalates with its direct customer rate, which is based on the total market cost of electricity to industrial customers. Higher electricity rates are paid during the winter months than during the summer. In addition to these monthly payments, Cardinal receives capacity payments from the OEFC for electricity delivered during on-peak hours to a maximum of the target quantities speci�ed in the PPA.
HOW CARDINAL GENERATES POWER
As is typical with cogeneration plants, Cardinal has a low heat to electricity ratio and produces more electricity than steam for sale.A combustion turbine burning natural gas powers a generator that produces electricity. The hot gas exhaust from the combustion turbine is diverted into a heat recovery steam generator that produces high pressure steam. This steam is piped to a steam turbine that powers a second generator, which produces more electricity. Some of the steam is extracted from the steam turbine to Ingredion’s plant and is used in its manufacturing process. Cardinal also provides free steam to heat an elementary school that is located beside the facility.
DID YOU KNOW?
• Cogeneration is an environmentally preferred form of power generation as it uses natural gas, a fuel source that emits less than half the greenhouse gas (GHG) per unit of energy produced than the cleanest available thermal power station.
• Natural gas combustion results in virtually no atmospheric emissions of sulphur dioxide and far lower emissions of carbon monoxide and nitrous oxide than the combustion of other fossil fuels
Combustion Turbine
High Pressure Steam
Stack
Low Pressure Steam
Air IntakeGas Intake
Heat RecoverySteam Generator
Benson School
Condensor
PumpHouse
Generator
Steam Turbine50 MW
4 MW PlantUsage
Generator
110 MW
Ingredion Steam
St. Lawrence River
Hydro One Grid
156 MW
CARDINAL
OTTAWA
CORNWALL
BROCKVILLEST. LAWRENCE RIVER
